Award-winning AI platform recognized for transforming caregiving with predictive, real-time insights
MESA, Ariz.–(BUSINESS WIRE)–Iveda® (NASDAQ: IVDA)—the global leader in AI-driven video analytics and IoT-based intelligent solutions—today announced its IvedaCare solution has won the «Best IoT Healthcare Platform» award in the 2025 MedTech Breakthrough Awards program. This prestigious recognition further validates Iveda’s position at the forefront of AI and IoT innovation across multiple sectors including healthcare, security, and smart city applications.
The 2025 MedTech Breakthrough Award recognizes the innovative approach of Iveda’s IvedaCare platform, an AI-driven predictive software solution that enhances health and safety for seniors and those requiring remote care. By combining IoT sensors and artificial intelligence, IvedaCare enables remote monitoring and informed decision-making for caregivers while providing peace of mind for families.
IvedaCare actively learns users’ lifestyle preferences to make proactive decisions and features fall detection, medication adherence monitoring, and location tracking. Through its easy-to-use mobile app, the platform delivers real-time updates and alerts while reducing false alarms, offering caregivers an accessible and affordable solution for remote care management.
«It is an honor to be selected as a winner of the MedTech Breakthrough awards, highlighting IvedaCare as a powerful example of our commitment to meaningful innovation,» said David Ly, CEO and founder of Iveda. «By leveraging AI to understand behavior patterns and anticipate potential issues, IvedaCare enables proactive, intelligent care that supports caregivers, reduces strain on healthcare systems, and enhances the safety and quality of life for an aging population. It’s a testament to how Iveda’s technology addresses real societal needs while redefining what’s possible in remote care and protection.»
IvedaCare’s impact extends beyond home use to larger healthcare settings like hospitals and nursing homes, where it improves efficiency and addresses low nurse-to-patient ratios. In a significant validation of the platform’s capabilities, IvedaCare and IvedaAI are part of an eight-year Veterans Affairs contract worth $1.032 billion awarded in 2023. Through this major government initiative, Iveda’s HIPAA-compliant solutions continue supporting thousands of veterans aging in place across the United States with AI and IoT-enabled telehealth and fall detection technology that enhances care delivery while enabling independence.
A key differentiator of IvedaCare is its seamless integration into existing infrastructure. Unlike competing solutions, IvedaCare’s AI and IoT platform works with multiple products and manufacturers, offering flexibility and future-proof adaptability. The HIPAA-compliant platform allows device manufacturers to add intelligence to their products, enhancing functionality over time.
This award comes at a time of significant expansion for Iveda, which continues to apply its core AI and IoT expertise across high-growth sectors. With the global artificial intelligence market projected to reach $244.2 billion in 2025—and healthcare among its fastest-growing segments—Iveda is poised to lead the transformation of remote care. As demand accelerates for intelligent, adaptive solutions, IvedaCare stands as a clear signal of the company’s ability to shape the future of healthcare and deliver scalable, life-enhancing technologies that meet the moment and beyond.
To learn more about Iveda, visit www.iveda.com.
About Iveda Solutions®
Iveda (NASDAQ:IVDA) is the provider of global solutions for cloud-based, video AI search and surveillance technologies that protect the people, places, and things that matter the most. Iveda’s technology has the power to provide instant intelligence to existing infrastructure, enabling cities and organizations around the world to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of digital transformation of cities across the world, using IoT platforms with smart sensors and devices developed to aid with use cases surrounding public safety, security, elderly care, energy efficiency, and environment preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is publicly traded under the ticker symbol “IVDA”.
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